Posts tagged Commercial.
Blogs
6 minute read
Restrictive covenants entered in connection with the sale of a business occupy a different place than ordinary employment noncompetes. In a sale transaction, the buyer is not simply trying to limit a former employee’s next job. The buyer is paying for goodwill, customer relationships, confidential information, and the seller’s promise not to immediately undermine the value of what was sold.
Blogs
4 minute read
Although the California courts have steadily eroded employers' ability to contractually limit their former employees' solicitation of their customers, a recent decision held that a stipulated injunction limiting solicitation can still be enforced.
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Recent Updates
- New York Federal Court Enforces Non-Compete Against Employee Terminated for Cause
- Louisiana, Maryland, and Iowa Pass Laws Restricting Noncompetes Specific to Certain Professions
- Delaware Refuses to Blue Pencil Overbroad Restrictive Covenants Following Business Acquisition
- Virginia Senate Bill 128 Adds Health Care Professionals to Virginia’s Noncompete Restrictions
- When the Deal Closes, the Trade Secrets Don't: Enforcing Sale-of-Business Covenants Under Judicial Scrutiny